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FinTech news in consumer products category

Glow Labs raised seed round of $4.2M led by Harlem Capital Partners

The NFT market was worth $41 billion at the end of last year — nearly as large as the conventional art market by some estimates — and it’s expected to nearly double in size by the end of 2022, according to a report released this week by blockchain analytics firm Nansen.

Gender and UX in FinTech

While 73% of financial articles targeting men focused on investing, 90% of the financial articles targeting women focused on spending less. This leads to a disconnect between women’s financial priorities (which may be more focused on longer-term stability as opposed to short, risky financial gains) and what the financial services industry typically emphasizes.

Payments startup Bolt raised Series E round of $355M

In discussing Bolt’s rise to total funding near the $1 billion mark, Breslow explained that the company operates in a space with competitors that are actually worth hundreds of billions of dollars.